Originally Posted by crucifissio

mtgox went bankrupt...it did not get raided by the gov, they plain stole from their customers and split with the money...bitoins price crashed just like I said...the site used to initially trade magic the gathering cards

here is the inherent problem with bitcoin...99% of all users use it for speculation or crime and not actual trading...it is cumbersome for every day use and 95% of the worlds population will never use it...it is speculation coin, its main purpose is gambling...at some time the value will rise so much that people will want to cash out on their ponzi coins...I guarantee that the exchangers will not have the money to pay out LOL